The Free Market Center
I will attempt to clearly describe the operation of this model in general. I can always improve explanations, so please let me know (using the e-mail address below) of any difficulty you have in understanding this description.
I have broken this description down into four major components – the top row of descriptive links, the second row of clickable icons, the main panel in which the model appears, and lastly the simulation panel that appears when you run a simulation:
Across the top of the model frame you'll find some command links, which I will describe below:
Second row contains a series of icons that when clicked will help you examine this model. I have described them below:
The main panel of the insight maker has two sections: the model area in the Collapsible sidebar:
After you click the run simulation button a panel will open that includes a graph representing the output from the model. That panel includes the following items:
Under this tab I want to provide some details of this model that those who want to understand the details of the model might be more interested in. These details may not interest someone who just wants to get a general overview of how this economic model works.
Here is some general information that might help you understand some of the more detailed aspects of this model.
If you hold your mouse over the variables in this model you will see appear an equal sign and a small letter "i."
If you click on the equal sign, a box will open that shows you either the constants or the formulas included in this variable.
If you click on the "i," you will find some information about the variable. (I have attempted to thoroughly document the models in this presentation; however, if you don't find an information link, please forgive me for now and drop me a line to alert me as to the oversight.)
In the panel at the right, which you can close by using the right arrow in the upper right-hand corner, you'll find some information and links that pertain to this model.
At the top you will find a brief description of the model itself. Next you will see some links for various ways to share this model, if you wish. Below that you will find a tank or tags that indicate what group this model belongs in on the insight maker database. Next, you will find a link to the profile of the model author. Then, on some models, you'll find the slider that permits you to adjust the values input to specific variables. I will describe the operation of the slider and how you can use it below.
You have the capability of running several simulations using the same model. In this simple model you can run simulations to see the change in variables based on changes in a single variable – base consumption rate.
When you click the run simulation button the model will generate a chart that represents the simulation showing the various values generated by the model. You will notice in the upper right-hand corner the title "Simulation Results" followed by a number. The number indicates which simulation in a series of simulations you have run beginning with number one. This first simulation will generate a chart based on the values that I described above.
You can now change the value of the base consumption rate by moving the slider. After you have adjusted the input file value using the slider (or by typing in the value), you can click the run simulation button and generate a new chart. With each new chart that you generate you will notice a change in the number following the "Simulation Results," indicating which in a series of simulations this chart represents.
Feel free to make changes in these values and rerun the simulation to get an idea as to how the model operates and what effect changing the variables will have. You can also use the buttons in the upper right-hand corner to resize the charts in order to see the comparisons between different variations.